If you are looking to lease a pub in Taunton, The Old Inn is available !
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Lease A Pub In Taunton – The Old Inn Is Available
The Old Inn is a characterful village pub in the Bishops Hull area of Taunton, at the foot of the stunning Blackdown Hills and the gateway to Exmoor National Park. All this and still only minutes away from Somerset’s County Town of Taunton and surrounded by a number of new housebuilding projects. Internally, the Old Inn has two distinct trading areas; the lounge and the restaurant. Both areas finished to a good standard and boasting original features, this pub comes with additional selling points such as a skittle alley that can also double up as a function room, large TV screens to broadcast live sports, and games machines. Externally the well-sized beer garden and patio area is the perfect family hotspot in the warmer months for a drink in the sun, and a children’s play area to keep them entertained for hours. In a further addition, the Old Inn comprises four letting rooms which is a great opportunity for developing an additional income stream, that can be enhanced by creating en-suite facilities. The amazing Old Inn is the perfect destination for families in the village but also visitors to the area, therefore it is essential that the new publican is able to understand all the different parts of the pub that makes it successful and continues to drive and develop further.
Private Accomodation
The private accommodation is limited due to the letting rooms, however this could be re-configured if required.
FINANCIAL INFORMATION
Forecast Turnover: £342,521.42
Year 1 Rent: £12,000.00
Guide Rent: £18,000.00
Initial Deposit: £0.00
Full Deposit: £4,500.00
Full Tie Release: £45,750.00
Agreement Fee: £750.00
Repair Fund: £2,500.00
Fixtures & Fittings: £15,000.00
Working Capital: £20,000.00
Stock & Glassware: £2,500.00
Cash Float: £1,000.00
Forecast Wet Turnover: £207,113.59
Forecast Dry Turnover: £101,869.47
Forecast Other Turnover: £33,538.35
The Old Inn has an established local trade which is driven by real ales, quality food, pub games and live music entertainment. Due to the location of the pub, footfall is derived from the village itself and from the neighboring suburbs of Taunton and Wellington.
